For now, Martin's third "baby" is his foundation's center for exploited children in Puerto Rico, which is set to open in October.

"Children are being forced into prostitution and pornography, and what I'm trying to do specifically in the center is bring children in who have already been victims of exploitation," Martin explains.

So far, 160 children have already been chosen to attend the school, which will be centered on the arts. "We're going to give a holistic approach in our education system and just offer them choices … rehabilitate them and let them know there's a very beautiful life outside of exploitation," he says.

With so much going on, Martin doesn't have much time for dating these days, but he hasn't ruled out the possibility of romance.

"I am more of a dreamer, so I want someone that is a little bit more realistic than me … someone that can complement my creative madness and can bring me down when I'm in the middle of my creative chaos," he says. "I love commitment."